IPO Issue Details
Issue Price / Price Band₹28 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size37,56,000 shares (aggregating up to ₹10.52 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 30 Jun 2020
Subscription CloseFri, 03 Jul 2020
Anchor AllotmentMon, 29 Jun 2020
Basis of AllotmentThu, 09 Jul 2020
Initiation of RefundsFri, 10 Jul 2020
Credit of Shares to DematFri, 10 Jul 2020
Listing DateMon, 13 Jul 2020
UPI Mandate Deadline2020-07-03
Application & Investment Details
Retail — Min (1 Lots)₹1,12,000 — 4,000 shares
Retail — Max (13 Lots)₹1,456,000 (13 Lots)
HNI — Min (2 Lots)₹2,24,000 — 8,000 shares
P/E Ratio (Pre-IPO)7.39x
Net Offer to Public35,68,000 shares (aggregating up to ₹9.99 Cr)
Reserved for Market Maker1,88,000 shares (aggregating up to ₹0.5264 Cr)
Pre-IPO Promoter Holding1,04,27,358 shares
Post-IPO Promoter Holding1,41,83,358 shares
About Bonlon Industries Ltd.
Incorporated in 1997, Delhi-based Bonlon Industries Ltd is engaged in manufacturing, trading, and marketing of copper rods and bars. They manufacture products for various industries including electrical, construction, transport, and automobile.The company manufactures products in different specifications and sizes as per the client's requirement. With the amalgamation with three companies of the Bonlon group, the area of operations of Bonlon Industries is extended in the manufacturing of metal, hotel business, and civil construction.The manufacturing unit of Bonlon Industries is located at Plot No. G-1-663, RIICO Industrial Area, Bhiwadi, Alwar- 301019, Rajasthan. The hotel of the company is the 'Hotel Bonlon Inn' located in Karol Bagh.Competitive Strengths1. Focus on quality product and services2. Presence at the prime location3. Online presence for hotel booking
Objects of the Issue
Bonlon Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirements
10.12
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,04,27,358 shares
Post-IPO Promoter Holding
1,41,83,358 shares